QatarEnergy wins seven Brazil offshore exploration licenses
QatarEnergy, in a consortium with Petrobras, won seven exploration blocks in the 6th Concession Open Acreage Bid Round organized by…
Australia
Valaris secures $220 million in new drilling and P&A contracts across Suriname, Australia and North Sea
Valaris has secured new contract awards and extensions, including an exploration drilling campaign offshore Suriname, a major P&A program in…
Europe
Aker Solutions awarded Nes hydropower upgrade by Hafslund Kraft
October 8, 2026 – Aker Solutions has been awarded a contract by Hafslund Kraft for the modernization of Nes Power…
South America
Valaris adds $220m of new contracts and extensions
Offshore driller Valaris has secured a batch of new contracts and extensions, with an associated contract backlog of approximately $220m.…
Africa
Borr Drilling secures jackup work offshore West Africa, Nigeria and UK
Two Borr jackups have secured work stretching into 2027, while another has landed a short-term accommodation contract in the UK.…
Asia
Petronas Lines Up Drillship to Appraise Megah Malaysia’s Largest Oil Discovery in 20 Years
Petronas is preparing to begin drilling an appraisal well on the Megah discovery offshore Sabah, Malaysia’s largest oil find in…
Europe
Equinor says it may stop investing in UK if oil and gas fields do not get go-ahead
Oil giant Equinor has warned it may shun further investments in the UK if new oil and gas fields at…
South America
Two drillships work Stabroek Block development centers offshore Guyana
ExxonMobil Guyana lined up development drilling at two Stabroek Block drill centers with the Stena Carron and Noble Don Taylor…
Middle East
Aramco hires KBR for work on oil & gas project in Arabian Gulf
This offshore engineering contract enables KBR to support Aramco’s field development program off the coast of Saudi Arabia. U.S.-headquartered science,…
Asia
China Accelerates Ultra-Deep Drilling to Boost Domestic Oil Supply
China is accelerating efforts to produce more oil from ultra-deep formations to boost domestic supply amid continued global market turmoil.…
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